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Oct 9, 2012 5:00pm EDT
, george allen supports the ryan budget that would turn medicare into a roucher program and push costs on to the shoulders of seniors. what i support is fixing medicare by saving costs, for example, ending the prescription drug give away that we currently give. that would save us $250 billion without jeopardizing the benefit at all over the course of ten years. >> mr. allen, can i ask both of you to take a minute to respond to tim kaine's assertion about medicare and whether you support the ryan budget and the voucherization of it? >> yeah, what i support is preserving medicare as well as social security. both are programs that people have worked through their lives paying into and expecting those benefits. some of the things that can be done in social security also ought to be done in my view insofar as medicare and that is a gradual increase in the retirement age of eligibility, not for those that are 50 or older, but under 50. there's also identified over $50 billion misspent on waste or really fraudulent payments. that ought to go into medicare. the one thing that shouldn't be done
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